Tencent shares advance on video game approvals

Dec. 21, 2018 4:24 AM ETTencent Holdings Limited (TCEHY)TCTZF, TCEHYBy: Yoel Minkoff, SA News Editor12 Comments
  • Chinese regulatory officials have cleared some new video games from Tencent (OTCPK:TCEHY) in the world’s largest gaming market, propelling shares up by as much as 4.6% in Hong Kong.
  • China stopped approving new titles from March amid a regulatory overhaul triggered by growing criticism of video games for being violent, leading to myopia and addiction among young users.

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